50 most admired companies
Tue 27 Feb 2018 12:46 PM
Dubai Duty Free

Headquarters Dubai

Year established 1983

Sector Retail

Dubai Duty Free, the company that operates the duty-free retail operations at Dubai International Airport and Al Maktoum International Airport, is now one of the largest travel retail operators in the world. In 2017, it recorded turnover of $1.93bn. The company was founded in 1983, helped by a $820,000 loan from the National Bank of Dubai and a consultancy contract with Irish company Aer Rianta – at the end of which general manager, Colm McLoughlin, and two of his Aer Rianta colleagues were persuaded to stay on in Dubai and manage the new company.